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The Fiscal Cliff And The Keyser Soze Option
RedState.com ^ | November 8th, 2012 at 02:40 PM | streiff

Posted on 11/08/2012 9:33:30 PM PST by Redcloak

Movies often serve as a useful shorthand for how to address some of life’s issues. In the movie Usual Suspects, Keyser Soze is confronted with the fact that his wife and children would be an impediment in dealing with his business competitors. In a way the House GOP finds itself in the same position as Keyser Soze. Our home has been invaded. Our family despoiled. And we are facing a never ending series of ever increasing demands from the criminals who have abused us.

Sometimes the only way out of a dilemma is by clearing the table and starting again from scratch. At midnight on December 21, 2012 the United States will be faced with what is being called the “fiscal cliff.” In short this cliff is composed of several parts.

1. The payroll tax reduction passed in 2010 will end.
2. The temporary tax rates passed under President Bush will lapse.
3. Obamacare’s taxes will come due.
4. The Alternative Minimum Tax will expand to many more taxpayers.
5. Extended unemployment benefits will expire.
6. Some $78 billion in federal spending will be sequestered.
7. Medicare “doc fix” will expire.

There are several sets of sacred cattle here. The GOP is primarily interested in protecting the tax cuts and Defense spending. The Democrats are primarily interested in preserving the social spending and free stuff for their base. This time around the Democrats, in their never ending paean to class warfare, are insisting that the Bush Tax Rates for the wealthiest Americans be allowed to expire. The GOP should not negotiate on this. This will put the GOP in the position of only getting part of what it wants in exchange for giving the Democrats everything they want, in other words this is a textbook case of bipartisanship in Washington.

 (Excerpt. Click here for more.)


TOPICS: Constitution/Conservatism; Government
KEYWORDS: fiscalcliff; keysersoze
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To: Redcloak

Boehner has the House majority. Can’t Boehner fight all of it: defund Obamacare, refuse all those tax hikes and defense cuts, and send him Paul Ryan’s budget again, and say “we’re done”?


21 posted on 11/09/2012 2:24:32 AM PST by ReaganGeneration2
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To: ReaganGeneration2

A few years back, it was a handful of Senate RINOs who stopped up the works; you couldn’t get reforms through without placating the demands of the Snows, Jeffordses, and McCains of that “august” body. There’s no reason now why the House GOP can’t be that roadblock to everything Obama and the Senate RINOs want.


22 posted on 11/09/2012 6:45:08 AM PST by Redcloak ("...and that, my liege, is how we know the Earth to be banana shaped.")
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To: Secret Agent Man

Obama doesn’t want to own the disaster. He will offer no plan.


I suggest that the House take the position that renewing any tax cuts cannot be done without a budget so that the impact can be assessed.

This puts the Democrat Senators on record, and ends the Harry Reid pocket veto of a budget.


23 posted on 11/09/2012 1:17:43 PM PST by Mack the knife
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